There are a number of jobs that make 7 figures a year. They include investment bankers, CEOs, and surgeons. While there are many jobs that make this much money, they are typically high-stress and require long hours. For most people, these jobs are not feasible due to the time commitment required. However, for those who are able to handle the stress and have the necessary skillset, these jobs can be extremely rewarding both financially and professionally.
Business owners. Being a business owner provides the highest likelihood of making 7 figures because no one is standing in your way!
There are a lot of different business types that can make you a 7 figure salary. You could be a CEO of a major corporation, own your own investment firm, or create and sell popular products. However, there is one type of business that provides the highest likelihood of making 7 figures: being your own boss.
When you’re the boss, there’s no one standing in your way to making as much money as you want. You set your own hours, make all the decisions, and reap 100% of the profits. Granted, it’s not always easy – but it is possible to make an absolute fortune by running your own business.
If you want to start down the path towards becoming a 7 figure earner, owning your own business is the best place to start. It gives you complete control over your income and allows you to achieve financial success on your own terms. So what are you waiting for? Get out there and start building something great!
CEOs and C-level executives
The study looked at the salaries of more than 5,000 CEOs at major companies across America. The findings revealed that CEO pay has risen sharply over the past decade. In 2008, the average CEO made $11 million per year. That figure rose to $13 million by 2013, and then jumped to $17 million last year.
So what explains this sharp increase in CEO pay? There are a few factors at play. First, there’s been a general trend of rising inequality in America over the past few decades. As incomes have grown for those at the very top of the income ladder, they’ve stagnated or declined for everyone else. This has meant that a smaller share of Americans are taking home a larger share of all income earned in the country.
Second, there’s been an increase in what economists call “winner-take-all” markets. In these markets, a small number of firms dominate their industries and earn outsized profits as a result. Think about Google or Apple in tech; Facebook or Twitter in social media; Amazon or Walmart in retail; and so on. As these firms have become more dominant, their CEOs have seen their compensation packages balloon accordingly.
Finally, it’s worth noting that American corporations have been doing exceptionally well lately relative to other countries around the world (with some notable recent exceptions like GE). US firms are making higher profits than ever before, and this has translated into bigger paychecks for those at the very top.”
Corporate lawyers
Corporate lawyers are some of the highest-paid professionals in the United States. They typically work for large law firms and corporations, and their salaries reflect this. Corporate lawyers can make seven figures a year, and some even make eight figures. This is not an easy field to break into, but once you do, the rewards can be considerable.
Corporate lawyers typically have a four-year degree from an accredited college or university, and then go on to earn their Juris Doctor (JD) from an accredited law school. After passing the bar exam, they must be licensed to practice law in the state where they intend to work. Many corporate lawyers also have a master’s degree in business administration (MBA), which can be helpful in understanding complex financial issues that may arise in their work.
Corporate lawyers advise companies on a wide variety of legal issues, including mergers and acquisitions, securities regulations, contracts, intellectual property rights, and compliance with government regulations. They also represent companies in court when they are sued by another party. In addition to working for law firms and corporations, corporate lawyers may also work for banks or other financial institutions, insurance companies, or real estate development firms.
The job market for corporate lawyers is expected to grow about as fast as the average for all occupations through 2024.* Competition for jobs will be strong because there are more graduates from law schools than there are job openings. Candidates who have experience working on complex legal issues and who have strong research and writing skills will have the best prospects.*
Working conditions for corporate lawyers vary depending on their employer. Lawyers who work for large law firms often work long hours-50 hours or more per week-and may have little flexibility in when they work because they need to coordinate with other attorneys and support staff members who are based in different time zones across the country or around the world. Lawyers who represent clients in court may need to travel away from home overnight if their cases take them to other jurisdictions.
Sales executives
Sales executives typically have a bachelor’s degree in business administration or a related field. Many also have master’s degrees or other advanced degrees. They must have extensive knowledge of their industry, including current trends and future prospects. They must also be excellent communicators, able to motivate and inspire their teams to reach their targets.
The most successful sales executives are strategic thinkers who can see the big picture and develop creative solutions to problems. They are also excellent negotiators who can close deals quickly and efficiently.
Investment bankers
Investment bankers are some of the highest-paid professionals in the world. They typically earn salaries well into the seven-figure range, plus bonuses that can be worth millions of dollars.
Investment banking is a highly competitive industry, and jobs are often coveted by top college graduates. To succeed as an investment banker, you need to have strong analytical and math skills, as well as the ability to think creatively and solve complex problems.
Professional athletes
The path to becoming a professional athlete is not an easy one, however. It requires immense dedication, talent, and hard work. But for those who make it to the top levels of their sport, the rewards can be life-changing.
In addition to their high salaries, professional athletes also enjoy other perks that most people can only dream of. For instance, they often receive free or discounted travel and accommodations, as well as access to VIP events and parties. Not to mention, they get to experience the thrill of competition at the highest level and perform in front of adoring fans on a regular basis.
Of course, with such great rewards comes great responsibility. Professional athletes are expected to maintain their physical conditioning and remain healthy in order to compete at an elite level. They also have demanding schedules that can include travel for games and practices as well as promotional appearances and other obligations related to their sport.
